A federal judge refused a request by Chinese American truckers to force the California Department of Motor Vehicles to resume issuing non-domiciled commercial driver licenses.

The company’s power and energy segment — now Caterpillar’s biggest and fastest-growing segment — posted a 25% profit jump compared to the year-earlier period.

Toyota kept its title as the world’s biggest carmaker for a sixth year, widening its lead over Volkswagen by posting record sales despite trade turmoil and growing competition.

The goods and services trade gap nearly doubled from the prior month to $56.8 billion, Commerce Department data showed Jan. 29. The trade data has been prone to volatility related to trade policy.

It could be days before power is restored across the South, where more subfreezing temperatures are expected by Jan. 30 in areas unaccustomed to and ill-equipped for such cold.

The company reported Jan. 28 that net income last year dropped 46% to $3.8 billion despite the introduction of cheaper models and CEO Elon Musk's promise to remain laser-focused on the company.

Norfolk Southern's quarterly profit slipped 12% amid the uncertain economy as well as unusual costs related to its efforts to merge with Union Pacific in an $85 billion deal.

Werner Enterprises is set to acquire privately owned dedicated truckload specialist FirstFleet and associated real estate for a combined $282.8 million.

The company is eliminating roles associated with its store support center and mandating a five-day in-office schedule for corporate workers, a spokesman confirmed to Bloomberg News.

The rise in fuel production is being driven largely by the ramp-up of the Dos Bocas plant. The refinery operated at 77.5% of its installed capacity in December, its best performance to date.

The Federal Open Market Committee voted 10-2 Jan. 28 to hold the benchmark federal funds rate in a range of 3.5%-3.75%. The two dissenting were in favor of a quarter-point reduction.

The HOS regulatory suspension, which took effect Jan. 23, is scheduled to end Feb. 6. FMCSA indicated it would continue to evaluate and assess winter weather conditions nationwide

Yet the truck manufacturer is increasingly optimistic about the prospects for demand growth as 2026 progresses, lifting its full-year industrywide sales expectations by 15,000 trucks or 6%.

China’s imports of canola and canola products from Canada — a trade valued at C$4.9 billion ($3.6 billion) in 2024 — had plunged last year after Beijing imposed steeps levies on the goods.

Port of Los Angeles Executive Director Gene Seroka outlined his vision for a future port, built to be bigger and smarter, during his annual state of the port address.

The Department of Energy authorized two power companies to direct data centers and other large facilities to run backup generators as a last resort to prevent rolling blackouts.

Nearly three months have elapsed since arguments in the closely watched tariffs case, and the Supreme Court isn't scheduled to meet in public for more than three weeks.

Adam Miller, CEO of Knight-Swift Transportation, applauded ongoing enforcement work by the Department of Transportation and the Federal Motor Carrier Safety Administration.

The time it takes to fuel an electric vehicle, long a stumbling block to EV adoption, is shrinking in the U.S., as more capable cars and trucks plug into a rash of new, high-speed charging machines. 

Two state agencies in South Carolina have partnered to launch virtual weigh stations to improve efficiencies in freight transportation.